Notice of the 2024 fourth EGM

SDIC Power Holdings Co., LTD

08 July 2024

 

SDIC Power Holdings CO., LTD.  

(GDR under the symbol: "SDIC")

NOTICE OF THE 2024 FOURTH EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that the 2024 Fourth Extraordinary General Meeting of SDIC Power Holdings CO., LTD. will be held at Room 207, No.147 Xizhimen Nanxiao Street, Xicheng District, Beijing, the PRC, on Wednesday 24 July 2024 at 14:00 p.m., for the purpose of considering, and if thought fit, passing the following resolution.

ORDINARY RESOLUTION

(Cumulative Voting)

1. To consider and approve the Proposal on Election of Director of the Company

The Board of Directors of SDIC Power Holdings CO., LTD.

July 8, 2024

The resolutions hereunder contain the English translation of the Chinese version of "Meeting materials for the 2024 Fourth Extraordinary General Meeting" as published on the website of the Shanghai Stock Exchange, and are provided for your reference only. In case of discrepancy between the Chinese version and the English version, the Chinese version shall prevail.

Proposal I

SDIC Power Holdings Co., Ltd.

Proposal on Election of Director of the Company

Dear shareholders and shareholder representatives:

After the former director Luo Shaoxiang resigned from his position as a director of the Company, Mr. Zhang Lei was recommended as the candidate for the new director in accordance with the Company Law and the Articles of Association and based on the nomination by State Development & Investment Corp., Ltd., the controlling shareholder of the Company. His term of office will start from the date of adopting the resolution at the General Meeting of Shareholders and ends upon the expiration of the current Board of Directors.

Please see the annex for Mr. Zhang Lei's resume. Up to this day, Mr. Zhang Lei does not hold any shares of the Company, and has no affiliation with the Company's other directors, supervisors, senior executives and shareholders holding more than 5% of the shares (except the Company's controlling shareholder), nor does he fall under the circumstances stipulated in Article 3.2.2 of the Shanghai Stock Exchange Listed Company Self-Discipline Supervision Guidelines No. 1 - Standardized Operations that prohibit him from serving as a director of a listed company.

The above proposal has been deliberated and approved at the 30th Meeting of the 12th Board of Directors on July 8, 2024, and it is hereby presented to you for deliberation and approval.

APPENDIX I BIOGRAPHICAL DETAILS OF THE DIRECTOR CANDIDATE

Biographical details of the Director candidate are as follows:

Mr. ZHANG Lei

Zhang Lei, male, 46, with a postgraduate degree, is a PhD in engineering and a senior economist. He has consecutively served as Deputy Director of the Operation and Management Department, Director of the Policy Research Office of the Strategic Development Department (at the deputy director level) and Deputy Director of the Reform Office of the State Development & Investment Corp., Ltd. (国家开发投资公司), Deputy Director of the Training and Guarantee Center of SDIC (国投培训与保障中心), and Deputy General Manager, General Manager, Chairman, and General Manager of SDIC Intelligence Technology Co., Ltd. (国投智能科技有限公司) He is currently the Director of the Strategic Development Department (Reform Office, SDIC Secretariat) of the State Development & Investment Corp., Ltd (国家开发投资集团有限公司).

 

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